Renewable Energy

Brookfield Renewable buys Scout Clean Energy for $1 bn

Brookfield Renewable has acquired Scout Clean Energy for nearly $1 billion in cash from Quinbrook Infrastructure Partners. Quinbrook has acquired Scout as a start-up in...

RWE to buy Con Edison Clean Energy for $6.8 bn

RWE is set to acquire Con Edison Clean Energy Businesses, a developer of renewable energy plants in the United States, for an enterprise value of $6.8 billion. RWE and Con Edison have...

Shell selects Yokogawa for Holland Hydrogen I plant

Yokogawa Electric has won a contract from Shell to be the main automation contractor (MAC) for the construction of its Holland Hydrogen I plant...

Energy storage firm Moxion Power raises $100 mn led by Tamarack

Moxion Power Co., a manufacturer of clean, mobile energy storage technology, has raised $100 million in Series B funding led by Tamarack Global along...

Forecast on floating wind and solar projects by Guidehouse

The global offshore floating wind (OFW) revenue is expected to reach $15.6 billion by 2031. The floating solar photovoltaic (FSPV) market revenue is expected to reach $11.3...

Intersect Power closes $2.4 bn financing for solar projects

Intersect Power announced the closing of $2.4 billion of new financing commitments and the allocation of $675 million of previously announced commitments for the construction and operations...

Enbridge buys Tri Global Energy for $270 mn

Enbridge has acquired Tri Global Energy (TGE), a renewable energy project developer, for $270 million in cash and assumed debt. In addition, Enbridge may also pay up...

OhmConnect members receive $2.7 mn in rewards during heat wave

OhmConnect, a provider of residential energy flexibility, supported the California Independent System Operator’s (CAISO) Flex Alerts during the recent heat wave by incentivizing reduced...